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Stockwatch

Kathy Fong writes on Globetronics, TNB, MISC-F, Resorts World and Malakoff.

TNB net profit for 1st half down to RM706mil on forex losses

TENAGA Nasional Bhd (TNB) has posted a net profit of RM706mil for its fiscal 1st half to end-February, down 47% from RM1.3bil in the same period a year earlier. However, revenue came in higher at RM8bil compared with RM7.5bil previously.

MISC Tenaga

MAS

Windfall for YTL shareholders

IT WOULD be rare for YTL Corporation Bhd managing director Tan Sri Francis Yeoh (recently named I>2002 Malaysian Entrepreneur of the Year/I>) not to bring up the words #147;regulated assets#148; in an interview. Bordering on obsession, Yeoh mentions them at every given opportunity.

Stockwatch

Hanim Adnan writes on Genting, IOI Corp, OYL, TNB and MRCB.

Upbeat on Malakoff dividends

IF it is dividends you want,then take a lookat Malakoff Bhd.In mid-December 2002,Malakoff had announced a first and finaldividend of 22 sen per share for its financial year ended in August 2002.

TNB ready to take on UBS in court

TENAGA Nasional Bhd (TNB) said it is prepared to go to court to contest a RM330mil legal suit filed against it by the Union Bank of Switzerland (UBS).

Investors see Tanjong as safe bet

TANJONG plc has been consistently ranked among the best-managed companies with the highest corporate governance standards in Asia by various investment research houses and fund managers.

TNB set to maintain net profit

TENAGA Nasional Bhd (TNB) is confident of maintaining net profit at above RM1bil in the current financial year ending Aug 31, 2003, says newly-appointed chairman Datuk Dr Awang Adek Hussin.